Product category:
Manufacturing communication infrastructure
News Release from: Logan Orviss
Edited by the Manufacturingtalk Editorial
Team on 31 August 2006
Logan Orviss International considers UK
IPO
Logan Orviss International announced that it has appointed Strata Partners, to review the business and to examine ways of raising further capital including the possibility of an IPO in the UK.
LOI, founded in 1995 by Brendan Logan (CEO) and Colin Orviss (Director Strategy and Planning), has grown rapidly on a global basis and now counts a number of significant Tier 1 telecoms operators amongst its clients including: BT, Deutsche Telekom, France Telecom, Telefonica, Orange, Vodafone and China Mobile LOI specialises in providing independent, impartial, high level strategic advice to service providers
This article was originally published on Manufacturingtalk on 24 Aug 2006 at 8.00am (UK)
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These are predominately fixed line and wireless service providers but also include Mobile Virtual Network Operators ("MVNOs"), other alternate carriers and software vendors.
LOI's skill is advising on the most suitable IT-based solutions, principally business support systems ("BSS") and operations support systems ("OSS") to support core business processes as well as the development of new value-added services.
This strategic advice enables Operators to: enhance business processes; launch new services more rapidly;meet ARPU / AMPU objectives; reduce operational costs and increase customer satisfaction.
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In addition, the Company advises senior management about the effects of business transformation projects in relation to organisational structure, end-to-end operational process models and information systems.
Commenting on this situation, Brendan Logan said: "Operators are having to deal with a new, challenging market environment in which they are facing pressure to increase revenues whilst voice markets start to reach saturation and prices for basic voice and data services continue to decline".
"The challenge is, therefore, to increase the value and volume of data created through the introduction of higher value data services but, in order for these data services to be successfully delivered, a number of issues surrounding network performance, interoperability and revenue sharing need to be addressed".
"This, combined with customer demand for new data-intensive services means Operators need to upgrade OSS/BSS systems (particularly in relation to service provisioning, network compatibility and mediation)".
"These new data services require complex billing systems and infrastructure to handle content from numerous providers, especially where third party content services are involved".
"Operators need to consider who bills the customer, what apportionment methods apply, whether services are made available on a post-pay, prepay or pay-now basis and whether charges are based on volume, per event or some other basis".
Deputy Chairman, Mike Frayne added: "The need to implement new and complex services means Operators are increasing their strategic spend on sophisticated enterprise-wide applications".
"This is driven by board-level executives wanting to rationalise system infrastructure by investing principally in OSS and BSS in order to decrease operating costs whilst simultaneously increasing revenues, efficiency and lead times to market".
"Senior executives recognise the need for a portfolio of converged fixed/mobile services enabling them to capture, collect and manage revenue by tracking every transaction and enabling different payment options".
"The requirement to implement the strategy correctly first time around and a more pragmatic approach to business model adaptation, means decision makers are committed to investing in strategic advisers to advise telecommunication network Operators on how best to develop their internal IT systems".
"Operators are also realising the need to move away from traditional consulting services companies providing theoretical business models to boutique companies who provide not only the advanced plan but a realistic execution approach".
"For all of these reasons Operators are turning to Logan Orviss International, but this means that we now require additional working capital to invest in the infrastructure of LOI so that we can respond to the demand and continue to grow the business for the benefit of our shareholders.".
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